Expenses incurred but not paid, are called………….

Related MCQs

• ………………are the expenses paid on account of rent, rates and taxes, insurance premiums, subscriptions membership fee etc. for periods that extent beyond the date of the balance sheet.
• In ………………………. Central Banks, the arrears under principal may exceed 20% but should not exceed 40% of the demand. There may be interest overdues but it should not exceed 10% of the demand.
• Every society shall maintain ……………….. , containing all vouchers for contingent expenditure incurred by the society, numbered serially and filed chronologically
• When heavy expenditure is incurred and the benefits of which extend to periods beyond the date of the balance sheet, such expenditure should be equitably spread over the period during which the benefits of such expenditure would be available and are known as ………………….
• A…………………… has been defined as an “economic and social organisation of the working people, serving not only interest of the members, but also social progress,” which promotes safeguards and realizes the interests and aspirations of the working people”.
• An ……………………………convenes once a year on a date fixed by the bylaws of the cooperative but, not later than three months after the end of the financial year.
• …………… is nothing but “self-help made effective by organisation.”
• In the words of Horrace Plunkett, it is nothing but “self-help made effective by organisation.”
• In ……………………….. Central Banks, the arrears under principal should not exceed 20% of demand and arrears under interest should not exceed 5% of the demand.
• The…………………..meeting will be called only when amendments to the bylaw is required.